Canada expands 0.2% in April
The Canadian economy expanded 0.2 percent in the month of April, moving in line with median expectations, easing from 0.5 percent growth in March.
Canada reported the strongest first-quarter growth figures among the G7 economies, with a rampant expansion pace of 0.9 percent.
However, the weak start of the second quarter may point to a slowdown in the three months through June.
The Canadian dollar, the loonie, the best performer among G-10 nation
currencies in June, resumed its advance for a sixth straight session versus its
U.S. counterpart, trading at 1.2975, trailing gains in oil.